Daily Pivots: (S1) 1.3598; (P) 1.3620; (R1) 1.3664; More… While USD/CAD’s rebound from 1.3524 extends, it’s still bounded in established near term range. Intraday bias remains neutral and outlook stays bearish with 1.3571 resistance intact. Read more…
Daily Pivots: (S1) 0.7046; (P) 0.7103; (R1) 0.7135; More… AUD/USD’s pullback from 0.7187 accelerates lower today but downside is held well above 0.6943 support. Intraday bias remains neutral and outlook stays bullish. Firm break of Read more…
Daily Pivots: (S1) 158.81; (P) 159.12; (R1) 159.67; More… USD/JPY’s break of 159.44 resistance suggests that whole rally from 139.87 is resuming. Intraday bias stays on the upside for retesting 161.94 high. Firm break there Read more…
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Daily Pivots: (S1) 0.7815; (P) 0.7840; (R1) 0.7886; More…. Intraday bias in USD/CHF remains neutral at this point. On the upside, break of 0.7877 will resume the whole rise from 0.7603. Further rally should then Read more…
Daily Pivots: (S1) 1.3392; (P) 1.3438; (R1) 1.3463; More… GBP/USD is still bounded in range of 1.3252/3482 and intraday bias remains neutral. Further decline is expected with 1.3574 resistance intact. On the downside, below 1.3252 Read more…
Daily Pivots: (S1) 1.1488; (P) 1.1533; (R1) 1.1556; More…. EUR/USD’s fall from 1.2081 resumed by breaking 1.1506 temporary low and intraday bias is back on the downside. Deeper decline should be seen to 38.2% retracement Read more…
Global markets remain firmly locked in risk-off mode as investors grapple with a renewed escalation in the Iran conflict and the growing risk of prolonged disruptions to global energy supply. Asian equity markets traded broadly Read more…
Stagflation risks have risen since the FOMC last met in January. Higher inflation and a weaker labor market is the FOMC’s worst nightmare as it puts the dual mandate in tension. How will Chair Powell Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Want to get from point A Read more…